Author and intergovernmental blockchain expert Anndy Lian emphasized the risks of users migrating to decentralized platforms such as Uniswap or PancakeSwap as US cryptocurrency trading faces new tax declaration rules. Lian pointed out that this transformation may create a paradox, that is, the efforts of the US Internal Revenue Service to increase taxes may inadvertently push users into the current challenging environment of tax enforcement. In response to strong opposition from the cryptocurrency industry, the Blockchain Association filed a lawsuit against the US Internal Revenue Service in December 2024, arguing that these rules are unconstitutional because they extend data collection requirements to decentralized exchanges (DEX) by including them as "brokers". https://t.co/f30Z95JvER